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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

Teco Joins Panda in Two Huge Merchant Plants

LCG, Nov. 15, 2000--Teco Power Services and Panda Energy International today announced that they have formed a joint venture to build, own and operate two natural gas-fueled, combined-cycle merchant power plants, each of more than 2,200 megawatts capacity.

The new facilities will represent an investment of $2.3 billion, the companies said. A 2,220 megawatt plant planned for El Dorado, Ark., is in an early construction phase. A 2,350 megawatt project at Gila Bend, Ariz., is in an advanced stage of development, with siting, permitting and other agreements in place.

Panda was responsible for initial planning and development of the two projects. Bob Carter, chairman and chief executive of the independent power producer, said "These are highly attractive projects in excellent markets, and we're excited about this joint venture."

Robert Fagan, chairman and chief executive of Tampa-based Teco Energy Inc., parent company of Teco Power Services, said "We are well on our way to transforming our company into one that is predominantly unregulated in a financially disciplined manner."

The El Dorado project is being built to interconnect with an Entergy-Arkansas substation adjacent to the site. The first phase is expected to begin producing power by the summer of 2002 with full commercial operation a year later.

The Gila Bend project will interconnect with Arizona Public Service Co.'s Palo Verde switchyard and begin commercial operation in the late summer of 2002.

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